Yeah I’m liking what I see here too.
As a weekly chart the volumes flatten out, however you can see the barriers at 1.6c and then mostly at 2c.
The 50 day moving average is yet to jump above the 200 day (short straight red line) and there is still a bit of head space for the Stochastic to to rise into.
ESI is certainly not a traders paradise, however it looks to me like it’s getting ready to move on anticipation of news and then on the actual news.
I grabbed more last week at 1c and 1.1c and will have another little nibble this week as well. Then I’m all buckled up until news arrives.
ESI Chart Discussion, page-5
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.10M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.672K | 420.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 18737448 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12910769 | 26 |
View Market Depth
| Last trade - 10.02am 08/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |